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20121111
20121111
Search Results 0 to 9 of about 10 (some duplicates have been removed)
washington, as we all edge closer to the so-called fiscal cliff, we'll ask two political insiders how we can break the pennsylvania avenue stalemate. and then later on on this veterans day, how dot men and women who served and sacrificed feel about how their issues played out on the campaign trail. first topping the political headlines on this sunday, lawmakers weighing in today on whether they can strike a deal to avoid sending the country over the looming fiscal cliff. democratic chuck schumer saying on nbc's "meet the press," it's time for republicans to agree to raise taxes on the wealthy. >> the president campaigned on letting the bush tax cuts expire on people above $250,000 income. the exit poll showed that 60% of the people agreed with it. >> but republican senator tom coburn also on "meet the press" indicating while the gop is on board with closing some tax loopholes, it is not sold on letting the bush tax cuts expire. >> we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. t
, not a word we hear often in washington. if there is compromise to avoid this fiscal cliff, where does it come? john boehner indicated, revenue is possible, but we're not raising tax rates. where is there compromise? >> i think where there's going to be a compromise on taxes, this be would be a good thing on the economy, might exchange lower tax rates in return for a reduction in all the loopholes that as it is distort economic activity. so if boehner were able to achieve that kind of compromise, that's one that the republicans could be pleased with. the bush tax cuts are gone, they're expiring, and the president said that 250,000 below, he wants that extended, but for those making more than 250, will the bush tax cuts come to an end? >> i don't think so. i think actually the they won't come to an end because the democrats don't want major reduction in spending, if you hit the cliff, the spending would go down and politicians love to spend money. an extension of the bush tax cuts, less we're blessed by the relatively few, jeff baso, the late steve jobs, you want to remove the barriers to their
lynch's home. a cost of $80,000. donated funds paid for this condominium near washington, d.c., for the use of charity executives. according to the complaint, while help hospitalized veterans has been raking in millions of dollars, 65 million in just the past two years, according to tax returns, the charity has misled the irs and its donors about where the funds actually go. we know 44 million has gone to fund-raising, the charity says it spent 16 million on these kits for veterans, but the california attorney general's office questions the charity's accounting. >> there have been a number of misstatements to the irs and other regulators in order to suggest that the corporation is much more efficient than it in fact is. >> reporter: and it's not the first time the allegations have been made. california congressman henry waxman has been trying to sound the alarm on help hospitalized veterans since 2008. >> as far as i'm concerned, they ought to be put in jail. it's so terrible what they're doing, using the plight of our veterans to make themselves rich and playing upon the go
Search Results 0 to 9 of about 10 (some duplicates have been removed)